CLARK KIM B 4
4 · BLACK & DECKER CORP · Filed May 4, 2009
Insider Transaction Report
Form 4
CLARK KIM B
Director
Transactions
- Award
Phantom Stock
2009-04-30$40.30/sh+2,729.529$110,000→ 2,729.529 total→ Common Stock (2,729.529 underlying)
Footnotes (2)
- [F1]The shares of Phantom Stock convert on a 1 for 1 basis.
- [F2]The referenced Phantom Stock was acquired pursuant to the deferred compensation provisions of the Non-Employee Directors Stock Plan (the "Stock Plan") and will be settled in shares of Common Stock under the terms of the Stock Plan in accordance with the election of the reporting person. The reporting person elected to acquire the Phantom Stock in lieu of Common Stock otherwise payable by the Corporation pursuant to the Stock Plan.